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OpenAI to Host First Developer Conference, DevDay, on November 6, 2023

by Blockchain NewsSeptember 9, 2023

Leading AI research entity, OpenAI, creator of ChatGPT, has unveiled plans for its debut developer conference, OpenAI DevDay, set for November 6, 2023, in San Francisco. This move marks a pivotal moment for the AI sector, presenting a stage for global developers to unite, exchange ideas, and collaborate with OpenAI’s expert team.

The essence of this one-day symposium is collaboration and innovation. It’s designed to be a magnet, drawing in developers from diverse backgrounds and expertise levels. The attendees will be privy to a sneak peek into the latest AI tools that are still under wraps. Beyond this, the event promises enriching dialogues and brainstorming sessions, ensuring that every participant leaves with a richer understanding and a broader perspective. A highlight of the day will be the breakout sessions, meticulously curated and led by the technical maestros from OpenAI’s team.

OpenAI’s journey since the roll-out of its API in 2020 has been nothing short of meteoric. The organization has not rested on its laurels; instead, it has been in a perpetual mode of innovation. The API, which started as a promising tool, has seen iterative enhancements, with the integration of OpenAI’s flagship models. Today, it’s not just an API; it’s a powerhouse that supports a burgeoning community of over 2 million developers. These developers are harnessing the prowess of models like GPT-4, GPT-3.5, DALL·E, and Whisper, pushing the boundaries of what’s possible with AI. From crafting intuitive smart assistants to pioneering applications that were once the stuff of science fiction, the possibilities have been endless.

Sam Altman, the visionary CEO of OpenAI, encapsulated the spirit of the upcoming event, remarking, “We’re on the cusp of showcasing innovations that will further empower our developer community to sculpt the future.”

For those who have their calendars marked and are raring to be a part of this landmark event, detailed information and the registration process will be rolled out on devday.openai.com in the weeks to come.

Disclaimer & Copyright Notice: The content of this article is for informational purposes only and is not intended as financial advice. Always consult with a professional before making any financial decisions. This material is the exclusive property of Blockchain.News. Unauthorized use, duplication, or distribution without express permission is prohibited. Proper credit and direction to the original content are required for any permitted use.

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Tagged : Ai / CHATGPT / DEVDAY / News / Openai

Google Updates Advertising Policy on NFT Gaming

by Blockchain NewsSeptember 9, 2023

Google has clarified its stance on advertising for blockchain-based games involving non-fungible tokens (NFTs). Effective from September 15, 2023, the tech giant announced,

Beginning September 15, 2023, advertisers offering NFT games that do not promote gambling-related content may advertise those products and services when they meet the following requirements.

The revised policy stipulates that advertisers can promote NFT games that allow players to purchase in-game items, such as “virtual apparel for a player’s characters, weaponry, or armor with better stats, consumed or used in a game to enhance a user’s experience or aid users in advancing the game.” However, Google explicitly mentioned that for NFT games, the following are not allowed:

Games that allow players to stake NFTs in exchange for fungible tokens such as cryptocurrencies” and “Simulated casino gambling (for example, poker, slots or roulette) that offer the opportunity to win NFTs.

To advertise gambling-related content that incorporates NFTs, advertisers must adhere to Google’s “Gambling and games policy” and, as Google points out, they need to “receive the proper Google Ads certification.”

This policy update is a significant shift from Google’s previous stance. In 2018, Google had imposed a blanket ban on all cryptocurrency-related advertising across its platforms. The ban was later relaxed in June 2021, allowing certain companies to advertise.

Reiterating the importance of compliance, Google stated,

As a reminder, we expect all advertisers to comply with the local laws for any area that their ads target. This policy will apply globally to all accounts that advertise these products.

Importantly, Google also clarified the consequences of violations, noting that

Violations of this policy will not lead to immediate account suspension without prior warning. A warning will be issued, at least 7 days, before any suspension of your account.

This policy revision aims to provide clearer guidelines for advertising blockchain-based games with NFTs, reflecting the evolving landscape of the digital gaming and cryptocurrency sectors.

Google has now been accepting crypto and NFT related products. As reported by Blockchain.News on July 12, 2023, Google Play Store announced that video game publishers can now sell NFT games on its platform. Joseph Mills, the store’s group product manager, highlighted this move towards integrating blockchain in mainstream gaming. The new policy mandates developers to clearly indicate any blockchain-based elements within their apps on the Play Console when offering tokenized assets.

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Tagged : ADVERTISING POLICY / Gaming / Google / News / NFT

Shiba Inu Lucie Addresses Key Questions Around SHIB and Rug Pull

by Blockchain NewsSeptember 9, 2023

In a series of tweets today, Lucie of Shibarium, a prominent figure within the Shiba Inu community, addressed various concerns and provided clarifications about the project’s direction. The tweets, which garnered significant attention, emphasized the project’s commitment to transparency and its dedication to building a sustainable ecosystem.

Lucie highlighted several resources for the community to refer to for accurate information:

* The upcoming update to the Shibarium Technical Documentation.

* The official Shib blog.

* The abridged version of The Shib Paper.

Lucie highlighted the active development of Decentralized Autonomous Organizations (DAOs) in the ecosystem. When these DAOs become functional, they will empower community members to suggest and cast votes on different issues, bolstering the project’s decentralized nature.

Reiterating the project’s commitment, Lucie stated,

We are committed to transparency, and no information is being hidden.

She also emphasized the importance of understanding the project’s plan in its entirety.

Addressing the topic of token burns, Lucie acknowledged that while the burns might appear minimal, they have been executed. The overarching goal, she noted, is to

onboard millions of people who will create games, use the metaverse, and engage with other DApps with MINIMUM cost.

Lucie also cautioned the community against misinformation and urged them to be wary of individuals with malicious intentions. Referring to past incidents, she mentioned certain YouTubers who spread negativity about Shibarium and later engaged in deceptive practices like executing rug pulls.

Recently, Shiba Inu faced numerous questions from fans due to the plunge in SHIB’s price. As reported by Blockchain.News, Shiba Inu‘s cryptocurrency, SHIB, saw a 36% price drop after an initial surge during the “Summer of Shibarium.” The summer campaign, announced on July 15, promised significant updates, including the launch of Shibarium, a Layer 2 blockchain solution. After the announcement, SHIB’s price rose by 50%, but it soon declined, correlating with a 13% drop in Bitcoin’s value. On SHIB’s peak day, its 24-hour trading volume on Binance increased by over 100%. As Bitcoin traditionally underperforms in September, SHIB’s future remains uncertain. The summer’s events highlight the need for investor caution and strategic selling decisions.

In a concluding tweet, Lucie responded to critics who had previously claimed that Shibarium did not exist. She emphasized the active use of Shibarium and the project’s plans for its extensive utilization in the future, hinting at initiatives like Shiba Eternity, Shib the Metaverse, and Shibahub.

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Tagged : Daos / LUCIE / News / Shib / Shiba Inu / SHIBARIUM

Haru Invest Faces Rehabilitation Hearing; Hugo Lee Clears Air on Asset Distribution

by Blockchain NewsSeptember 9, 2023

Haru Invest’s Hugo Lee appeared in court on Thursday, September 9, 2023, to address concerns over the company’s recent corporate rehabilitation application. The move has garnered significant attention, casting doubts over the company’s intentions and its commitment to its members.

Lee emphasized that the rehabilitation application “does not represent the interests of all members.” Reaffirming his commitment, he stated that both he and Haru Invest aim to retrieve members’ assets “to the greatest extent possible” from the asset management company and distribute them equitably among all members.

A critical distinction was made regarding the entities targeted in the rehabilitation application. Lee explained that these corporations did not directly operate Haru Invest services, hence they “do not hold a real benefit for rehabilitation for lacking any residual value, including assets.”

The CEO used an earlier rehabilitation questioning in August as an opportunity to communicate more detailed facts and potential future plans to Haru members. Amidst the uncertainties surrounding asset distribution, Lee clarified that apart from assets from B&S Holdings, the company intends to prioritize asset recovery from other management companies for member distribution. However, ongoing investigations into both B&S Holdings and Haru Invest itself have stymied efforts to establish a clear distribution timeline.

Addressing concerns over the assets under B&S Holdings, Haru Invest stated that the “situation is not allowing us to arbitrarily determine the possibility of recovery.” The primary objective remains to maximize recovery of assets in collaboration with investigative agencies. Lee underscored the importance of B&S Holdings’ proactive involvement in these investigations for the benefit of Haru’s members.

With the cooperation of investigative agencies, Haru Invest aims to draft a more precise timeline for asset distribution in light of the ongoing investigations. Lee concluded his announcement by expressing empathy for the challenges faced by Haru members and reassured them of continued efforts to ensure a fair distribution of assets.

Blockchain.News has been closely following the Haru Invest saga. In August 2023, CEO Hugo Lee responded to member concerns, reiterating the firm’s dedication to asset recovery and negating any evasion of responsibility. He further criticized the proposed rehabilitation procedure as unsuitable for broad asset distribution.

Earlier, in June, Haru Invest, grappling with a turbulent crypto market, paused new deposits and investments. By June 15, legal proceedings commenced against B&S Holdings over alleged malfeasance. Lee then pledged open communication and corrective measures on June 20.

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Tagged : ASSET DISTRIBUTION / HARU INVEST / HUGO LEE / News / REHABILITATION HEARING

Binance Introduces New Margin Pairs for BAND, FLM, STMX, ADX, PROM, and PROS

by Blockchain NewsSeptember 9, 2023

Binance, the world’s leading cryptocurrency exchange, has expanded its margin trading offerings. As of September 8, 2023, the platform has incorporated BAND, FLM, and STMX into its Cross Margin borrowable assets. Concurrently, new Isolated Margin pairs have been introduced, namely ADX/USDT, PROM/USDT, and PROS/USDT.

Specifically, the new Cross Margin pairs available for traders include BAND/USDT, FLM/USDT, and STMX/USDT.

For those unfamiliar with margin trading, it allows traders to borrow funds to amplify their trading positions. While it can lead to higher profits, it also comes with increased risks. Binance provides a “Margin Data” section for users to stay updated on the latest marginable assets, including details on specific limits, collateral ratios, and rates.

About Band

Band Protocol, launched in September 2019 on the Ethereum blockchain, is a cross-chain data oracle platform. It bridges the gap between real-world data and on-chain applications by connecting APIs to smart contracts. This facilitates the seamless exchange of information between on-chain and off-chain sources. By providing reliable, verifiable data to blockchains, it enables developers to integrate diverse real-world data into their decentralized applications. In June 2020, Band Protocol transitioned to the Cosmos network with Band Protocol 2.0, built on BandChain using the Cosmos SDK. BAND, its native token, plays a pivotal role in the ecosystem.

About Ambire

Ambire, previously known as AdEx Network, is a pioneering web3 marketing platform that harnesses blockchain and programmatic advertising to revolutionize digital advertising. Established in 2017, Ambire has transitioned from a decentralized ad exchange to a comprehensive advertising protocol. With over 20,000 registered users, it processes billions of blockchain-based micropayments. Ambire functions as a Demand-Side Platform, facilitating real-time bidding and programmatic advertising. Its native token, ADX, is integral for rewards, governance, and staking within the platform.

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Tagged : Adx / Band / Binance / FLM / News / PROM / PROs / STMX

Shiba Inu SHIB Dream NFT Collection Debuts on PawZaar

by Blockchain NewsSeptember 9, 2023

Following the introduction of the Shibarium MainNet, the Shiba Inu community is gearing up to unveil PawZaar, an innovative NFT marketplace tailored to meet the evolving demands of the crypto community. The platform’s inaugural offering, the “Shib Dream NFT collection,” is a testament to the harmonious blend of art and the community’s core values.

According to the Shiba Inu Community (Shib Dream) official blog, PawZaar’s foundation on the Shibarium MainNet is strategic. It’s not just about leveraging advanced blockchain technology; it’s about creating an ecosystem where NFTs aren’t just digital assets but symbols of a community’s ethos and aspirations. The Shib Dream collection stands as a beacon of this philosophy, emphasizing a unique fusion of artistry, innovation, and community-driven values.

Diving deeper into the collection‘s features, there’s a clear emphasis on community engagement. A designated portion of the company’s quarterly profits is set aside for select NFT holders, creating a financial incentive that goes beyond the traditional appreciation of digital assets. Additionally, once all 3333 NFTs are minted, a select group of holders will be rewarded with digital currencies, namely $SHIB, $BONE, and $LEASH. This not only elevates the value proposition of owning these NFTs but also strengthens the bond between the project and its stakeholders.

Collaboration is another cornerstone of the Shib Dream collection. It extends its support to other promising projects in the Shiba ecosystem. Token giveaways from notable entities, such as @nfalabs and @pawzoneofficial, are part of this collaborative initiative, fostering a sense of unity and mutual growth within the ecosystem.

Philanthropy is woven into the fabric of the Shib Dream collection. Allocations from the project’s profits are earmarked for noble causes:

* 5% is dedicated to @StJude, championing children’s healthcare.

* Another 5% supports @WCKitchen’s mission to combat global hunger.

* 2% is channeled towards @LADS_STFT, advocating for reforestation in the Pacific Northwest.

Sustainability is a key focus. A segment of the initial sales, coupled with creator fees, will be directed towards the Shib token burn, ensuring the project’s long-term viability.

Beyond its immediate offerings, the Shib Dream NFTs are gateways to a broader vision: the “Shib Dream City” within “Shib The Metaverse.” This initiative promises unique digital experiences, ranging from interactive social spaces to potential virtual real estate opportunities.

In wrapping up, the Shib Dream NFT collection is not just another project in the vast sea of NFTs. It’s a reflection of a community’s aspirations, a blend of art, technology, and shared values, setting the stage for the future of community-driven blockchain initiatives.

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Tagged : DREAM NFT COLLECTION / News / PAWZAAR / Shib / Shiba Inu

Mina Protocol to Launch ZK Smart Contracts, Backed by $92M from Three Arrows and FTX

by Blockchain NewsSeptember 9, 2023

Mina Protocol is on the brink of a major upgrade that aims to introduce Zero-Knowledge (ZK) smart contracts to its mainnet. This development is anticipated to amplify community engagement and the creation of products on the Mina platform.

The forthcoming upgrade is characterized by three primary features:

Enhanced zkApp Programmability: The upgrade will simplify zkApp development through the integration of o1js. This tool was formerly known as “SnarkyJS”, a TypeScript library tailored for crafting ZK smart contracts.

Introduction of Kimchi: Mina is set to adopt Kimchi, a novel proof system, which promises to bolster both security and efficiency.

Phase-out of Supercharged Rewards: In a bid to foster staking adoption during the nascent stages of its mainnet, Mina had introduced supercharged rewards. However, this incentive is slated for removal in the upcoming upgrade.

These enhancements were not arbitrarily chosen; they were proposed and subsequently ratified by the Mina community, underscoring the platform’s commitment to decentralized decision-making.

In preparation for this significant leap, Mina has initiated the Testworld Mission 2.0. This testnet is segmented into four distinct tracks, with the initial two – zkApp End-to-End (E2E) Testing and External Security Auditing – already completed. The remaining tracks focus on Protocol & Performance Testing and final preparations for the impending upgrade.

Since the launch of its mainnet, Mina has witnessed substantial advancements, notably spearheaded by @o1_labs. Their contributions encompass the adaptation of the recursive layer Pickles to Kimchi, ensuring universality, the implementation of zkApp transaction logic, and pivotal modifications to complementary modules resulting from zkApps. Furthermore, they have played a pivotal role in equipping the o1js frontend to support zkApps and seamlessly bind to the protocol and proof system layers.

Mina Protocol is a “succinct blockchain” aiming to streamline computational demands for efficient DApp operations. Touted as the world’s lightest blockchain, Mina’s size remains constant regardless of usage, ensuring a balance between security and decentralization. Rebranded from Coda Protocol in October 2020, Mina’s network is a mere 22 KB, contrasting sharply with Bitcoin’s 300 GB. Mina’s primary goal is a distributed payment system allowing users to verify from the genesis block using zk-SNARKs cryptographic proofs. The protocol’s native currency is MINA. Functionally, Mina combines elements from Bitcoin and Ethereum, using the Ouroboros Samasika PoS mechanism and parallel scan state for transaction speed.

The momentum behind this upgrade is palpable, with a multitude of contributors dedicating their efforts to the incentivized testnet, the upgrade itself, and the essential tasks that will follow. Mina emphasizes that the success of this upgrade hinges on a collective effort, encompassing everyone from node operators and developers to community creators and users.

As highlighted by Blockchain.News, the Mina Foundation, responsible for the development and management of Mina Protocol—touted as the world’s lightest blockchain—has secured $92 million in funding to boost Zero-Knowledge Proof Technology. This investment round was spearheaded by Three Arrows Capital and FTX Ventures. However, both these leading firms have now declared bankruptcy.

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Tagged : Mina / Mina Protocol / News / ZK SMART CONTRACTS

Pepe Coin Telegram Account Hacked

by Blockchain NewsSeptember 9, 2023

The official Telegram account of PepeCoin ($PEPE) has fallen victim to unauthorized access, as confirmed by the project’s representatives via a tweet earlier today. The compromised Telegram account, previously under the handle “lordkeklol”, is currently being misused to promote fraudulent schemes and introduce other coins, all without any affiliation to the original $PEPE team.

The breach poses serious concerns regarding security lapses and the potential misdirection of followers, as impersonators increasingly exploit such platforms. The tweet from @pepecoineth, timestamped at 10:27 am on this date, alerted its followers about the situation:

The old telegram for $PEPE is hacked and no longer in our control. The “lordkeklol” account has been compromised. Whoever has gained access to this account is using it to push scams and deceive people and launch other coins.

Furthermore, a subsequent tweet issued a mere four hours later from the same account emphasized that the Twitter account @lordkeklol had no known ties to $PEPE. Users are being urged to report it for “spam/impersonation”.

To tackle the issue head-on, PepeCoin is encouraging the community to report the Telegram group as a “fake account”, as demonstrated in a provided screenshot. This proactive approach aims to expedite the account’s removal, allowing the team to establish a more secure channel in its stead. Until then, the team has clarified that all formal communications related to $PEPE will exclusively emanate from their official Twitter handle.

On August 26, 2023, Pepe Coin’s official Twitter account reported a breach in their Telegram group, according to Blockchain.News. Coinciding with this announcement, the identity of Pepe Coin’s founder was made public amidst allegations that tied Pepe Coin to scam and suggested insider trading. Today’s statement on Pepe Coin’s official Twitter reaffirms the warning to users about potential risks.

It’s imperative for users and followers across various cryptocurrency platforms to remain alert and meticulously verify information before responding or taking any action based on updates.

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Tagged : LORDKEKLOL / News / PEPE COIN / TELEGRAM ACCOUNT

Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case

by Blockchain NewsSeptember 9, 2023

In a bold move, House Majority Whip Tom Emmer has publicized his criticism of Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), accusing him of expanding his authoritative reach in ways that are not favorable to the American populace.

Representing Minnesota’s 6th District, Emmer took to social platforms Twitter to voice his concerns. He pointedly commented on Gensler’s approach, stating it has expanded the Administrative State in ways that negatively impact Americans. Furthermore, Emmer underscored the need for Congress to harness all tools at their disposal, particularly the appropriations process, to check Gensler’s perceived misuse of taxpayer resources.

This development comes amid a broader debate concerning the SEC’s stance on digital assets and cryptocurrency regulations. The primary focus remains on achieving a balance between consumer protection, fostering innovation, and nurturing the growth of the digital finance arena.

While the full implications of Emmer’s statements remain to be seen, they add a significant layer to the ongoing discourse surrounding the future trajectory of digital assets and their regulations in the U.S.

Emmer’s recent challenges toward Gensler and the SEC are not isolated. He has previously criticized the SEC’s policy on cryptocurrencies. On September 3, 2023, as reported by Blockchain.News, Emmer remarked on the SEC’s legal setbacks against Ripple and Grayscale, suggesting a misguided regulatory stance on crypto. Highlighting the SEC’s losses, he tweeted about the evident challenges faced by the regulatory body, hinting at a questionable future.

This consistent position by Emmer has roots in earlier expressions of disapproval. Stressing the importance of checks and balances, he quoted a previous tweet underlining the DC Court of Appeals decision favoring Grayscale on August 29, 2023. As early as November 4, 2021, Emmer had addressed a letter to Gensler, pointing out inconsistencies in the SEC’s treatment of Bitcoin-focused ETFs.

Emmer’s continuous critiques, in conjunction with the legal challenges faced by the SEC, raise questions about the current regulatory approach. His comments suggest the debate on crypto regulation in the U.S. is far from settled.

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Tagged : DETRIMENTAL TO AMERICANS / Gary Gensler / HOUSE MAJORITY WHIP / News / SEC CHAIR / Tom Emmer

Polygon MATIC Launches Solution Provider Network (SPN) for Seamless Developer Collaboration

by Blockchain NewsSeptember 9, 2023

Polygon ($MATIC) has unveiled its Solution Provider Network (SPN) to revolutionize the way developers find and collaborate with solution providers within the Polygon ecosystem, according to official announcement. This transformative platform is set to simplify the process of connecting developers with essential infrastructure, such as oracles, bridges, RPC providers, and wallets, fostering accelerated dApp development and deployment.

Streamlining Developer Access to Essential Infrastructure

Creating a decentralized application (dApp) on the Polygon network is an enticing prospect for developers seeking a high-performance blockchain solution. However, the challenge lies in acquiring the necessary tooling and infrastructure to engage with real users effectively.

Building these components from scratch can be a time-consuming and resource-intensive endeavor, diverting developers from their primary project focus. To address this issue, Polygon introduces the Solution Provider Network (SPN), a comprehensive platform designed to facilitate real-time connections between developers and solution providers.

Unveiling the New SPN

SPN has undergone a significant overhaul to emerge as a collaborative and user-friendly discoverability platform. Its primary purpose is to connect developers and solution providers seamlessly, all within a unified environment.

Understanding SPN’s Functionality

SPN serves as a vital resource for developers looking to identify, assess, and engage with the most suitable solution providers for their projects across various Polygon chains, including Proof of Stake (PoS) and zkEVM (zkRollups). Before the introduction of SPN, friction existed in the process of connecting solution providers with developers and establishing credibility. Simultaneously, developers lacked a clear means of identifying middleware and tools essential for their projects.

SPN addresses these challenges head-on by providing each Polygon solution provider with a dedicated profile, enabling developers to connect with them directly. This streamlined process involves a simple onboarding procedure and a comprehensive listing, ensuring that any solution provider can be easily discovered by developers operating within the Polygon ecosystem.

However, SPN is not merely a passive directory; it fosters active engagement within the Polygon community.

Enhancing Visibility and Credibility

Solution providers can bolster their visibility and credibility within the Polygon ecosystem by actively participating in various activities and completing tasks. These actions enable solution providers to earn badges, distinguishing themselves and signaling their commitment to supporting the Polygon network.

SPN is Live and Ready

Polygon’s Solution Provider Network is operational, providing immediate access to a diverse array of 100+ solution providers actively building on the Polygon blockchain. With an updated landing page and additional features, this platform is set to transform the landscape for developers. If you are a solution provider, the onboarding process is available now, offering the opportunity to showcase your offerings within the thriving Polygon ecosystem.

Polygon is actively expanding and enhancing its ecosystem. As reported by Blockchain.News, the 10-day timelock for the highly anticipated zkEVM Mainnet Beta upgrade, codenamed Dragon Fruit, has officially begun. This upgrade, scheduled to launch the week of September 11, 2023, will introduce numerous improvements, including the integration of the latest Ethereum opcode, PUSH0.

Disclaimer & Copyright Notice: The content of this article is for informational purposes only and is not intended as financial advice. Always consult with a professional before making any financial decisions. This material is the exclusive property of Blockchain.News. Unauthorized use, duplication, or distribution without express permission is prohibited. Proper credit and direction to the original content are required for any permitted use.

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Tagged : Matic / News / Polygon / SEAMLESS DEVELOPER COLLABORATION / SOLUTION PROVIDER NETWORK / SPN